- The average asking price for a New Zealand house hit an all-time high with stock at an all-time low for May 2016, in a market which is heavily favouring sellers.
Real-time market statistics released today by Realestate.co.nz show the May national average asking price reached $570,971, up 7.2 per cent from the same time the previous year.
READ MORE VIA REALESTATE.CO.NZ